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An announcement from Forafric Global ( (AFRI) ) is now available.
On January 21, 2025, Forafric Global PLC announced it had rectified a compliance issue with Nasdaq. The company was initially notified on January 14, 2025, for failing to file an interim balance sheet and income statement by December 31, 2024, as required by Nasdaq’s Listing Rule 5250 (c) (2). After submitting the necessary documents on January 16, 2025, Forafric received confirmation from Nasdaq that it was back in compliance. This development ensures Forafric’s continued listing on Nasdaq, which is crucial for maintaining its market position and investor confidence.
More about Forafric Global
Forafric Global PLC is a leading agribusiness company operating in Africa, with a strong presence in Morocco and Sub-Saharan Africa. The company is a leader in the milling industry, offering a comprehensive range of products including flour, semolina, pasta, and couscous. Forafric operates 12 industrial units and 2 logistics platforms and exports its products to over 45 countries globally. The company aims to expand further in Morocco and Africa, contributing to food security on the continent.
YTD Price Performance: -1.97%
Average Trading Volume: 8,858
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $267.4M
For detailed information about AFRI stock, go to TipRanks’ Stock Analysis page.
